Disqus - Latest Comments for Carol

Re: rich mom, poor mom

Carol — Fri, 02 Nov 2007 23:04:26 -0000

Really obvious wisdom from a former single mom:
This is a big responsibility and you don't have to be a parent. If possible, try not to have kids if you have no TIME or MONEY for them.
Don't assume they will ever take an SAT test. They are not corporate-employees-to-be. Instead ask: Do they have trees to climb? Is there a fort to be built in the area? Where can they ride their bikes and fall down and pick themselves up again?
If mom is always gone, they crave her. If dad is always gone, they crave him. Two parents are nice to have around. One parent is not the same as two.
Eat meals together at a table, not on the road, or a la TV.
They will not remember owning stuff. But they will remember doing stuff with you.
You really can do a better job than your mom and dad did.
If your marriage sucks, fix it so they see love, or end it and stop the madness.
You will fail in one area or another, guaranteed. Keep on trying.
Say "I love you" and give big hugs.

Re: guest post: how paying attention to your wallet can improve your financial outlook

Carol — Fri, 28 Dec 2007 10:14:38 -0000

Great topic.
Just 1 more helpful thought: might be smart to photocopy the important contents of your wallet and put in a safe place at home in case it gets stolen or lost and you have to make calls to cancel cards, etc.

Re: how to talk to your teenager about personal finance

Carol — Sat, 05 Jan 2008 08:24:45 -0000

Hey everybody. Thanks for the ideas. I will definitely be getting the Motley Fool guide for teens.

If anybody has a suggestion for games that teach about money management and investing, would love to hear about that as well.